Switchgear & Switchboard Apparatus Manufacturing (NAICS 335313) Industry Market Research Report

Switchgear & Switchboard Apparatus Manufacturing - Market Size and Forecast

The Switchgear and Switchboard Apparatus Manufacturing report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurementsincludes both public and private companies in the industry.

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Switchgear & Switchboard Apparatus Manufacturing Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Switchgear & Switchboard Apparatus Manufacturing - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Switchgear & Switchboard Apparatus Manufacturing companies in the United States.

Switchgear & Switchboard Apparatus Manufacturing Revenue by State

US Market Size by State

Distribution by Company Size

Company Size All Industries Switchgear & Switchboard Apparatus Manufacturing
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Switchgear & Switchboard Apparatus Manufacturing - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry Average Percent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Switchgear & Switchboard Apparatus Manufacturing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Switchgear & Switchboard Apparatus Manufacturing - Product Mix

Product Description Description Revenue
($ Millions)

Switchgear and switchboard apparatus mfg.


Power circuit breakers, all voltages

Low volt. panelboards/distribution boards, 1000 volts/less

Fuses/fuse equip. 2300 volts/less (exc. power distrib. cut-outs)

Molded case circuit breakers, 1000 volts or less

Duct, including plug-in units and accessories, 1000 volts/less

Switchgear, except ducts and relays

Switchgear & switchboard apparatus manufacturing, nsk, total

Switchgear & switchboard apparatus, nsk, nonadmin-records

Switchgear & switchboard apparatus, nsk, admin-records

Switchgear & Switchboard Apparatus Manufacturing - Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 7%


Chief Executives 0%
General and Operations Managers 2%
Business and Financial Operations Occupations 5%
Architecture and Engineering Occupations 15%
Engineers 11%
Office and Administrative Support Occupations 8%
Production Occupations 51%
Assemblers and Fabricators 32%
Electrical, Electronics, and Electromechanical Assemblers 22%
Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers 19%
Miscellaneous Assemblers and Fabricators 8%
Assemblers and Fabricators, All Other, Including Team Assemblers 8%
Metal Workers and Plastic Workers 10%
Other Production Occupations 5%

Government Contracts

In 2008, the federal government spent a total of $89,619,920 on the switchgear & switchboard apparatus manufacturing industry. It has awarded 1,369 contracts to 334 companies, with an average value of $268,323 per company.

Switchgear & Switchboard Apparatus Manufacturing and Adjacent Industries - Top Companies

Company Address Revenue
($ Millions)


Switchgear & Switchboard Apparatus Manufacturing Industry Report
Geography United States  
Publication Date July 2020
Report Format PDF Download  
Price $499

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